Management

Semiconductor manufacturers compete in one of the most challenging industries in the world, where being first to market —or not— can mean the difference between market success or failure. As a result, they require timely, cost—effective product and service solutions that address both current and emerging needs. Essential to achieving top supplier status with leading chip manufacturers is fostering open communication in an environment based on shared trust and confidence.

Lam's executive management team believes that facilitating customer success is best achieved by collectively adhering to a set of outward—focused values. This view led to the establishment of Lam's Core Values in 1998 by the Company's then newly appointed executives.

These values are practiced company—wide at Lam. Collectively, we believe in placing priority on the customer first, followed by the Company, and then ourselves. We act responsibly and own our areas of contribution and failures as well as successes. We understand that the fastest way to achievement is to work together, communicate openly, and trust and respect one another. We are driven from within to be honest and operate with integrity. We dare to take responsible risks, which lead to innovation and achievement.

Practicing these values leads to implementing responsible and ethical business practices, respecting and appreciating people and cultural diversity, and developing innovations that lead to customer success. For more on Lam's corporate values, see the Mission·Vision·Values page.